Word: 41st
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Obama outlined his plan for $117 billion worth of bank taxes to recoup the costs of bailouts even before Scott Brown's Massachusetts victory gave Republicans the 41st vote they need to filibuster the Senate. The newest proposals - further limits on the size and risk profiles of financial firms, plus bans on commercial banks playing the markets with their own cash or owning hedge funds or private-equity funds - had also been debated internally for months. But no matter what the White House spinners say, the heightened emphasis on taming Wall Street is a direct response to Obama's political...
...Scott heard round the world" - on the eve of the first anniversary of Barack Obama's Inauguration was an ominous sign for Democrats for the midterm elections ahead and a potentially crippling blow to Obama's entire agenda. Brown ran explicitly on a promise to be the "41st Senator," who would give the Republicans the power to block what he called "the trillion-dollar health care bill that is being forced on the American people," one that will "raise taxes, hurt Medicare, destroy jobs and run our nation deeper into debt...
...Brown campaigned against his opponent, state attorney general Martha Coakley, on a promise to be the "41st Senator" - the one whose vote would give the Republicans the power to block Obama's health care bill with a filibuster. And yet, the ironies were deep. Brown won in a special election to fill an opening created by the death in August of Edward Kennedy, who had often described universal health coverage as "the cause of my life." And his victory came at the hands of voters whose state has come closer than any other to achieving that goal, thanks...
That being said, I'm a man, and I can only do so much. But I know as the 41st Senator now [that] every Republican is the 41st Senator now [in their ability to deprive the Democrats of the 60 votes they need to shut down a filibuster...
...Brown wins, the immediate effect on the health care bill could be profound - something he points out at every campaign appearance, as he pledges to be the "41st Senator." Lacking 60 votes, Senate Democrats will be unable to overcome a GOP filibuster of the health care bill - which has passed both the Senate and the House but will have to return to both chambers for final votes once the two versions are reconciled. The only way to avoid another Senate vote, party strategists say, would be for the House to pass the exact version that the Senate approved in December...